Semiconductor Manufacturing International Corp
HKEX:981
Semiconductor Manufacturing International Corp's latest stock split occurred on Dec 7, 2016
The company executed a 1-for-10 stock split, meaning that for every 10 shares held, investors received 1 new share.
Before the split, Semiconductor Manufacturing International Corp traded at 1.03 per share. Afterward, the share price was about 10.28.
The adjusted shares began trading on Dec 7, 2016. This was the only stock split in Semiconductor Manufacturing International Corp's history.
WKSP
NAYA
300803
WKHS
Semiconductor Manufacturing International Corp
Glance View
In the competitive and rapidly-evolving world of chip production, Semiconductor Manufacturing International Corp. (SMIC) stands as one of China's premier players. Founded in 2000 and headquartered in Shanghai, SMIC has carved a niche in the global semiconductor industry by providing comprehensive foundry services. This means SMIC doesn't design or sell chips under its brand but focuses on manufacturing integrated circuits designed by its clients across various sectors. The company leverages cutting-edge technology to produce a diverse array of semiconductor components, utilizing advanced nodes to cater to industries ranging from consumer electronics and telecommunications to automotive solutions. By maintaining robust manufacturing capabilities, SMIC ensures high-quality, large-scale production, thus keeping prominent international clients engaged in its operations. SMIC's revenue model is primarily driven by its ability to attract significant foundry orders due to its strategic location, bolstering China's tech aspirations amidst global supply chain shifts. The company thrives by offering competitive pricing and reducing the geographic risk that many global companies face when diversifying their manufacturing bases. Moreover, SMIC capitalizes on China's increasing semiconductor demand, powered by the country's push for technological self-reliance and innovation. It's this blend of strategic positioning and technical prowess that allows SMIC not only to sustain its growth within China's borders but also to leave a significant imprint on the global semiconductor landscape.
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